How do I calculate?

Simon Company's year-end balance sheets follow. at December 31 Current I: 1 1'1: Ago 2 Yrs Ago Assets Cash 5 29,751 $ 33,033 5 35,159 Accounts receivable, net 31,203 53,494 45,969 Merchandise inventory 104,203 '33,0?6 49,941 Prepaid expenses 9,433 3,635 3,793 Plant assets, net 264,916 243,692 209,933 Total assets 5 439,561 5 422,035 5 344,300 Liabilities and Equity Accounts payable S 119,463 $ '33,464 S 44,143 Long-term notes payable secured by mortgages on plant assets 91,11? 95,12? 76,963 Common stock, 510 par value 163,500 163,500 163,500 Retained earnings 115,431 39,944 60,139 Total liabilities and equity 5 439,561 $ 422,035 $ 344,300 1. Express the balance sheets in common-size percents. {Do not round intermediate calculations and round yournal percentage answers to 1 decimal place} 2. Assuming annual sales have not changed in the last three years, is the change in accounts receivable as a percentage oftotal assets favorable or unfavorable? 3. Assuming annual sales have not changed in the last three years, is the change in merchandise inventory as a percentage oftotal assets favorable or unfavorable? Complete thle question by enterlng your answers In the labs below. Reg 1 Reg 2 and 3 Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage answers to 1 decimal place.) Accounts receivable, net Merchandise inventoryr Prepaid expenses Plant assets. net Total assets Liabilities and Equity Accounts payable Longterm notes payable moored by mortgages on plant assets iiiiiil Common stock. $10 par Retained earnings Total liabilities and equity Ell-El Reg 2 and 3 >